
Energy · NSE / BSE
SolarWorld Energy Solutions Limited, incorporated in 2013, provides solar energy solutions with a focus on engineering, procurement, and construction (EPC) services for solar power projects. It operates through two models: the CAPEX model, where customers own the project and the company handles design, installation, and commissioning, and the RESCO model, which allows businesses to adopt solar power without upfront investment, helping them cut costs and reduce carbon footprints. In May 2024, the company partnered with ZNSHINE PV-Tech Co. Ltd., a Bloomberg NEF tier-1 solar panel supplier from China, to set up a solar panel manufacturing facility. Its clients include SJVN Green Energy, Haldiram Snacks, Ethnic Food Manufacturing, and Samiksha Solarworld. As of July 31, 2025, the company employed 277 people.
Price Band
₹333 – ₹351
Issue Size
₹490 Cr
Lot Size
42 shares
GMP
+10.5%
Est. Listing
₹388
at current GMP
Subscribed
61.34x
overall
Open
23 Sep 2025
Close
25 Sep 2025
Allotment
26 Sep 2025
Refund
27 Sep 2025
Demat Credit
28 Sep 2025
Listing
30 Sep 2025
Overall Subscription
61.34x
Total Demand
QIB Multiplier
64.10x
Institutions & Funds
NII / HNI
66.04x
High Net-Worth
Retail (RII)
46.04x
Individual Bidders
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| QIB | 4,188,034 | 268,445,478 | 64.10x |
| NIB | 2,094,017 | 138,284,118 | 66.04x |
| HNIs(10L +) | 1,396,011 | 90,752,802 | 65.01x |
| HNIs (2-10L) | 698,006 | 47,531,316 | 68.10x |
| RETAIL | 1,396,011 | 64,277,262 | 46.04x |
| Total | 9,772,079 | 609,290,976 | 61.34x |
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| RETAIL | 33,238 | 1,365,038 | 41.07x |
| HNIs(10L +) | 2,374 | 30,946 | 13.04x |
| HNIs (2-10L) | 1,187 | 79,201 | 66.72x |
| Total Applications | 36,799 | 1,475,185 | 40.09x |
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
Solarworld Energy Solutions Limited is bringing an initial public offering (IPO) in the Energy sector with an aggregate issue size of ₹490 Crores. The shares are offered at a price band of ₹333 to ₹351 per equity share on NSE and BSE. Currently, market analysts recommend evaluating the company's financial valuation, price-to-earnings (P/E) multiple, and peer comparison prior to submitting bids.
The public offer consists of a fresh issue and offer-for-sale structured under SEBI regulations. Bidding is open to Qualified Institutional Buyers (QIB), Non-Institutional Bidders (NII/HNI), and Retail Individual Investors (RII). Applications can be submitted online using ASBA or UPI mandate through certified stock brokers and net banking portals.
Following the close of bidding on 2025-09-25, the basis of allotment is scheduled to be finalized on 2025-09-26. Investors can verify their application status online by submitting their PAN card number, Application Number, or DP Client ID on the registrar's official portal (Link Intime India Private Ltd (MUFG)) or the BSE allotment checking window.
The latest Grey Market Premium (GMP) for Solarworld Energy Solutions Limited IPO is ₹37 per equity share. Based on the upper price band of ₹333 to ₹351 per equity share, the estimated listing price is ₹388 (+10.5% expected listing gain).
With a lot size of 42 shares and current GMP of ₹37, the expected profit per application lot is approx ₹1,554 (+10.5% gain). Minimum application cost is approx ₹14,742.
The Solarworld Energy Solutions Limited IPO aggregate issue size is ₹490 Crores with an equity price band set at ₹333 to ₹351 per equity share. The retail lot size is 42 shares requiring a minimum capital outlay of approx. ₹14,742.
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 61.34x (Retail: 46.04x, QIB: 64.10x, NII: 66.04x). You can track live multiples directly on our dedicated subscription page.
The basis of allotment will be published on the official registrar portal (Link Intime India Private Ltd (MUFG)) and the BSE status verification website on or around 2025-09-26. Investors can verify status using PAN card or application number.
Solarworld Energy Solutions Limited shares are scheduled to list on NSE and BSE on 2025-09-30.